All notes, interest thereon, bonds and interest coupons attached to the same issued under the authority of this article, shall be exempt from state, county, and municipal taxation. (Acts 1973, No. 826, p. 1293, §59.)
Exemption from Taxation of Bonds, Notes, Etc
Ala. Code § 11-88-100, under Construction of Sewage Treatment or Disposal Plants, Etc., in Resort Areas by Authorities.
Ala. Code § 11-88-100